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A leader in global forecasting and quantitative analysis, with the world’s only fully integrated economic model and 200 full-time economists and analysts, Oxford Economics is a trusted advisor to corporate and government decision-makers. We help our clients track, analyse, and model country, industry and urban trends around the world.

Subscription Services

A deep portfolio of research tools to assess the impact of macro events across more than 200 countries, including regularly-updated economic briefings, forecasts, and scenarios. Find out more.

A complete industry forecasting and analysis service with continuous updates for 69 countries and 26 commodities. Find out more.

The most complete set of forecasts available for cities and sub-regions around the world. Find out more.

The convergence of economic shifts, geopolitical uncertainty, regulatory reform and technological progress has transformed the energy economy. Increased production due to the shale revolution has challenged peak theory as a way to forecast energy prices and demand has returned as a key driver of price evolution in the short, medium and long term. To prepare for a future where these factors will be increasingly influential, energy firms need access to reliable data and long-term forecasts for key economic and energy demand drivers.

Oxford Economics supports the energy sector with projections and scenarios for the world economy by zones and countries, analysis of future trends in global industrial production with details for key industries such as automotive and construction, detailed local consumer spending forecasts, projections of energy prices, and triggers for economic and political risk. To help executives and government leaders navigate the challenges, opportunities, and risks that lie ahead, our team of economists and industry experts draw on the latest models and analytical tools to provide valuable decision support on some of today’s most critical energy issues, including:

Regular insights on triggers that may affect the energy sector

The world's only fully integrated global economic model can be used to run scenarios for oil production

The world’s most widely used framework for macroenergy simulations, the Global Economic Model covers oil, gas, and coal demand and supply for 46 countries in detail, with 35 additional economies in summary which together comprise 98% of world GDP. The model also covers OPEC supply and other key zones, together with global aggregates for price forecasts.

Briefs and forecasts databanks (with data from 1980 to 2040) for energy demand around the world on a country, sector, and consumer level, including the outlook under alternative economic and pricing scenarios, covering 200 countries, 100 industrial sectors and 3,000 cities worldwide. All the forecasts are produced within a unified and timely updated forecasting system ensuring consistency and strong academic credentials.

Dedicated risk service on an economic, political, and operational level on more than 180 countries.

How energy and resource firms use our analysis

Assess drivers of energy demand. As energy prices have become more volatile, it has become increasingly important for energy firms to monitor macro factors that could signal a price rebound.

Apply our global models to run scenarios for oil production on an aggregate and individual country basis, testing assumptions and external shocks that would affect both supply and demand.

Forecast energy prices, with projections that are consistent with the overall global economic forecast assumptions in our economic and industry models.

Monitor the macro environment, using the Global Macro Service which provides insights on triggers that may affect the energy sector, such as conflicts, supply disruptions, and policy changes.

Carry out risk assessments. We can tailor our risk analysis to your specific requirements and the nuances of your business. And our partnership with Control Risks means that we can supply a rounded view of risks, including geopolitical and operational risks, to match your firm’s risk profile.

Influence stakeholders through applied economics. Our work on energy has included evaluating the economic impact of companies to a national economy, custom oil price scenarios, and trends in risk management for the energy and utilities sector.

Examples of custom research projects for our energy and resources clients

US Power & Utilities Outlook. A partnership with the KPMG Global Energy Institute, this report provides a three-year forecast for the power and utilities industry in North America, including current production trends and resource locations, the outlook for demand, implications for prices and potential risks and challenges ahead.

Sustainability: A difficult coming of age. We collaborated with Deloitte to produce a provocative white paper that examined the future course of sustainability, probing both bottom-up trends from green investors and consumers, and top-down trends from global policymakers and regulators.

The economic impact of Centrica in the UK. This report quantifies direct impacts of operations in the UK through upstream, downstream, and storage operations, and the indirect impact of its UK supply chain and the induced wage consumption impacts.

Roadmap 2050 for the European Climate Foundation, where we assessed the economic impact of various ‘decarbonised paths’ in the EU, whereby power generation switched to 60% or 80% renewables, while other sectors invested in energy savings. We further extended the model, which allowed us to estimate the impact of various green growth and emissions abatement policies.

A study on the economic impact of the natural gas industry in nine European countries for a major utilities company. The report analyses direct, supply chain and consumption effects. Results are shown for both upstream (exploration and extraction) and downstream (processing, transportation, distribution, storage, and sales) parts of the value chain and by country.

We support Schneider Electric by identifying industrial sectors with strong investment growth. We provide quarterly forecast updates covering investment by industrial sector across the world's major developed and emerging economies. These form a key part of Schneider’s sales projections, and help to inform the company’s planning process.